DOD Seeks Improved Oversight After $587M In Army Losses

Law360, Los Angeles (March 7, 2014, 4:15 PM EST) -- The U.S. Department of Defense's Office of Inspector General has recommended that the U.S. Army improve its property accountability and contractor oversight at redistribution property assistance team yards in Afghanistan, after finding $586.8 million in equipment losses in one year, according to an audit report released Thursday.

According to the report, equipment redistribution teams in Bagram and Kandahar, Afghanistan, did not have adequate procedures for processing and safeguarding retail and wholesale equipment at the yards. Specifically, the audit found, the personnel did not accurately record more...